THE RUPEE: dollar higher | Business Recorder - The Pak rupee, in sympathy with the neighbouring India, fell in relation the dollar on the currency market on Wednesday, near to breach the barrier of 91 in the interbank market, experts said.

Plan Ahead to Take Full Advantage of Strong Currency Rates Before Heading Off Abroad - CHESTER, England, May 17, 2012 /PRNewswire/ --Four in ten Brits only buy their foreign currency in the week of travelTwo thirds fail to find the best exchange rate possibleEuro exchange rates stay strong, ...

Major Currency Market Forecast for Week of May 13 - The Aussie is down sharply in May already, and shows a 3 month bearish pattern

Sidelined for Thursday - Sidelined for Thursday

The Greatest Currency Trades Ever Made - The foreign exchange (forex) market is the largest market in the world because??currency??is changing hands whenever goods and services are traded between nations. The sheer size of the transactions going on between nations provides??arbitrage??opportunities for??speculators, because the currency values fluctuate by the minute. Usually these speculators make many??trades??for small profits, but ...

China’s currency weakens for fifth session - China appears to be shifting towards a gradual weakening in its currency to help take some of the pressure off its struggling export sector amid signs of fading pressure from Washington to allow the yuan to rise, according to analysts.

Austerity Offers Europe their Only Hope - The prevailing view amongst Keynesians is that the austerity measures being taken in Europe to prevent a complete currency and bond market collapse is the cause of their current recession. But blaming a recession on the idea that an insolvent government was finally forced into reducing its debt is like blaming a morning hangover on the fact that you eventually had to stop drinking the night ...

Rupee hits all-time low of 54.52/dollar; may fall more - MUMBAI (Reuters) - The rupee slumped to a record low against the dollar on Wednesday as the global risk aversion added pressure on a currency already under fire from the country's current account and fiscal deficits. The rupee, the worst performing emerging market currency in Asia since March 1, is facing further losses as India struggles with a slew of additional economic challenges, including ...

Pound Favored as Haven Currency Amid Europe Debt Crisis - The British pound has become currency traders’ favorite refuge from the resurgent European debt crisis, threatening efforts by U.K. Prime Minister David Cameron to lift the economy out of its second recession in three years.

RBI seeks forex conversion data - Even a week after the Reserve Bank of India (RBI) asked Exchange Earners Foreign Currency (EEFC) account holders to convert half their dollar funds into rupees, the measure has not yielded the desired results. This has prompted the central bank to seek data from banks on how much individual companies have converted till now. Such account holders had been given 15 days to meet the requirement.